Lixto Announces Partnership with Symphony Metreo to integrate Competitive Online Pricing with Pricing Analysis & Sales Forecasting
(Vienna, Austria/ Palo Alto, California) – 16 September, 2009 - Lixto Software (www.lixto.com ), the Web Intelligence Company, today announced that it has agreed a partnership with Symphony Metreo, a leading revenue & pricing management software vendor, which will allow its customers to base price changes on analysis and ‘what if’ scenarios of revenue and sales figures using the Symphony Metreo’s pricing solutions.
Using Lixto, companies are able to understand how their product pricing matches their main competitors in online channels and then make any changes to maintain their competitiveness. With the addition of revenue management software from Symphony Metreo, these companies will now also be able to base any price changes on complex analysis and projection forecasts of sales and revenue figures, thereby greatly enhancing the strategic impact of the data supplied by Lixto’s web intelligence solution.
Speaking about the partnership, Christian Koestler, Managing Director of Lixto, said; “We are very excited about the benefits of this partnership to our customers. Currently, although our data provides critical pricing information, our customers have to manage their own projections and analysis, working with Symphony Metreo we can now expand our proposition to help with this equally important part of the competitive pricing decision process. We look forward to the benefits this will bring to our current and future customers.”
Tal Ball, CEO of Symphony Metreo, said; “The integration of our pricing solutions with Lixto’s own web intelligence services for online competitive price comparison presents a perfect storm for companies looking to maximise revenue opportunities in the current market. Our customers need data such as that supplied by Lixto to present accurate and meaningful forecasts to enable their businesses to meet the challenges of the current downturn and to plan demand and growth at the other end. In coming months we expect to see our combined offering helping many consumer products businesses to maintain and increase their competitiveness and sales.”
The partnership will enable both companies to provide each others’ solutions and will cover both the US and European markets. With Lixto active mainly in Europe and Symphony Metreo in the US and North American markets to support the customers of both companies.
To find out more about the Lixto partnership with Symphony Metreo, please visit: http://www.lixto.com/downloadform/DownloadFormMgr/action/list/frmLiID/621/
About Lixto Software
Lixto Software GmbH empowers better decisions by searching & aggregating information in real-time and delivering end-to-end connectivity solutions. The company’s solutions and services are used in metasearch, online market intelligence and web process integration, thus allowing companies and end users to achieve better and more structured results for their queries. Lixto also helps companies by automating their web-based business processes. Facts and figures about markets, suppliers, customers and competitors can be found more quickly, more accurately and are less expensive to access. Lixto's customers are international companies in the automotive, travel, e-commerce and IT industries such as Fujitsu Technology Solutions, ZF Friedrichshafen, Schaeffler, Voss Automotive, shopping.com, the Austrian National Tourist Office, Iberostar-Hotels and hotel.de. For further information please visit: www.lixto.com.
About Symphony Metreo
Symphony Metreo helps organizations meet their financial goals of Revenue and Margin with innovative solutions that align and synchronize top-down planning with bottom-up execution by focusing on the strategic levers of Price, Volume and Cost. Symphony Metreo serves global enterprises with innovative award winning applications in the areas of Enterprise Pricing, Operations Management and Performance Management. Headquartered in Palo Alto, Calif., Symphony Metreo is a wholly-owned subsidiary of the Symphony Technology Group, a $2.1 billion strategic holding company. For additional information, visit www.symphony-metreo.com.
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